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True Grit 1968 Ltd

10449516

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

6 BEECH CLOSE, TUNBRIDGE WELLS, TN2 5GB
Incorporated 27/10/2016

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/10/2025

Due 09/11/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Pamela Grace Grover-Morgan

director · Since 27/10/2016

SOLICITOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mrs Pamela Grace Grover-Morgan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 59

6, Beech Close, Tunbridge Wells, TN2 5GB

Notified 27/10/2016

Charges3 outstanding

Charge
outstanding

RICHARD GLYNDWR MORGAN

Created 15/12/2022Registered 30/12/2022
Charge
outstanding

BELMONT GREEN FINANCE LIMITED TRADING AS VIDA HOMELOANS

Created 31/01/2022Registered 03/02/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 30/11/2017Registered 07/12/2017

CompanyRankvs 43493+ SIC 68100 peers
66

Financial strength88th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£192k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£445k

Working capital

Current Assets

£445k

Current Liabilities

£0

1avg. employees

Balance Sheet

Assets less current liabilities£445k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity+£0
2023+£174k
20222.69+£809
2021+£35k
2020-£1k
20192.63-£39k
20182.57

Derived from filed accounts. Not audited figures.